Post on 08-Oct-2020
Region of Peel’sHousing Master PlanThe Housing Master Plan is a long-term plan to guide the development of affordable housing projects on Region of Peel and Peel Housing Corporation sites.
Housing Needs and Pressures in PeelIn Peel, an increasing number of households are struggling to get and keep a home they can afford. Key housing pressures include:
• Home ownership prices in Peel have increased three times faster than the ability of households to own (2006 to 2018).
• On average, households are paying approximately $10,000 per year more to rent a two-bedroom apartment today than what they paid for the same apartment five years ago.
• Peel’s current vacancy rate for a rental apartment stands at just 1.2 per cent, this indicates a tight market where the supply of units is far below the demand.
• Existing rental stock is aging and requires a significant investment for repairs and maintenance.
• On average, 5,300 new housing units are built in Peel annually. However, construction of private market rental units remains very low with only 170 new rental units added to Peel’s stock every year.
These growing and significant pressures are placing more families and individuals at risk of being precariously housed, becoming homeless or unable to move into new homes whether rented or owned.
February 2020
Affordable Housingis available to
all Peel residents...
Homelessness in Peelis prevented
Transform Service
Optimize Existing Stock
Build More Affordable H
ousingIncr
ease
Sup
porti
ve H
ousin
g
Build Affordable Hou
sing
Keeping and increasing supplyProvide Incentiv
es to
Short Term Outcomes
Long Term Outcomes
Affordable Housing is available to all Peel residents
Homelessness in Peelis prevented
Successful tenancy
Increased supportive housing
Reduced chronic
homelessness
Affordable housing for
low-income
Affordable housing for middle-income
Improving Service
Peel’s 10-Year Housing and Homelessness Plan
In April 2018, Regional Council approved Peel’s renewed 10-Year Housing and Homelessness Plan (PHHP). The plan is a strategic roadmap to improve housing outcomes in Peel. It includes five strategies to make affordable housing available to all Peel residents and to prevent homelessness.
STRATEGY 1: Transform Service - creating a new service delivery model to improve access to subsidies, divert people from shelters, improve successful tenancies and prevent homelessness.
STRATEGY 2: Build More Affordable Housing - shifting to a more planned approach to affordable housing development, guided by targets and a long-term Housing Master Plan.
STRATEGY 3: Incent Building Affordable Housing - encouraging non-profit and private developers to build rental stock that meet the affordable housing needs within Peel.
STRATEGY 4: Optimize Existing Stock - developing new strategies to leverage existing private stock to create more and different affordable housing options.
STRATEGY 5: Increase Supportive Housing - working with housing providers and other partners to expand the supply of supportive housing and supports provided to existing tenants.
The Housing Master Plan is a key action of the PHHP Strategy 2: Build More Affordable Housing.
The Housing Master PlanThe Housing Master Plan (HMP) is an action under the ‘Build More Affordable Housing’ strategy within the Peel Housing and Homelessness Plan. It is a long-term plan that includes 31 projects on Region of Peel and Peel Housing Corporation
(PHC) sites. If the plan is fully funded and implemented, it will add over 5,650 new affordable rental units/ beds, including 226 supportive (beds/units) and 60 emergency shelter beds to the housing stock by 2034.
Sites Location Planned Use
New Units/Beds
Anticipated Timing
(start–end)
Mayfield West Seniors 12600 Kennedy Road Rental 60 2019 (completed)
Mayfield West Phase 1 Family site Corner of Dougall Avenue and Hurontario Street Rental 50 2020–2024
Emil Kolb Pkwy and King Street West
Northeast corner of King Street West and Coleraine Drive Rental 62 2021–2025
Emil Kolb Pkwy and Chickadee Ln North corner of Chickadee Lane and Coleraine Drive Rental 62 2024–2028
Mayfield and Oreilley’s Lane Northeast corner of Mayfield Road and Oreilley’s Lane (West of The Gore Road) Supportive 29 2024–2028
Brampton Youth Shelter Replacement Location TBD Shelter *40 2019–2022
Chelsea Gardens 4,10 Knightsbridge Road Rental 200 2019–2023
Peel Manor A 525 Main Street North Supportive 93 2019–2025
Peel Manor B 525 Main Street North Supportive 104 2019–2025
Brampton Family Shelter Location TBD Shelter 60 2020–2024
Chamney Court 1–64 Chamney Court Rental 283 2022–2028
9996 Kennedy Rd Child Care site, Parkholme Place
Southwest corner of Bovaird Drive and Kennedy Road Rental 364 2022–2028
McHardy Court and Fair Oaks Place
101–198 McHardy Court2–26, 31 Fair Oaks Place
Rental 444 2026–2032
New Haven Manors 2–12 New Heaven Manors Rental 311 2026–2032
175 Central Park 175 Central Park Drive Rental 175 2028–2033
Knightsbridge, Knightsbridge Child Care site 1 Knightsbridge Road Rental 302 2028–2034
360 City Centre Drive 360 City Centre Drive Rental 174 Completion in 2020
East Avenue Redevelopment 958, 960 East Avenue Rental 156 2017–2023
Port Credit West Village 70 Mississauga Road (Block D) Rental 150 2019–2023
Malton project Details to be determined Rental TBD TBD
Replacement of Peel Family Shelter Location TBD Shelter *60 2019–2023
Twin Pines 1749 Dundas Street East Rental 450 2019–2026
Riley Court 880 Riley Court Rental 138 2020–2024
1320 Williamsport Child Care site 1320 Williamsport Drive Rental 72 2021–2026
114 Falconer Child Care site 114 Falconer Drive Rental 81 2021–2026
Sydenham Place 4100, 4110 Westminster Place Rental 103 2022–2027
Glenway Court 3477 Glen Erin Drive, 2401, 2433 The Collegeway Rental 675 2024–2030
Mason’s Landing 2660 Aquitaine Avenue Rental 155 2024–2030
Forster Terrace 2251, 2301 Burnhamthorpe Road West Rental 301 2024–2030
The Meadows 385, 395, 405 Rathburn Road East Rental 198 2025–2031
Queen Frederica 3020, 3070, 3130 Queen Frederica Drive Rental 398 2028–2034
Total Number of Units (approximately) 5,650
* Not included as new beds as they are replacing existing beds.
Cal
edo
nB
ram
pto
nM
issi
ssau
ga
HUM-0931 02/20
Benefits of the Housing Master PlanThe Region of Peel is one of a few organizations nationally who are taking a long-term approach to affordable housing development. Creating a long-term plan to manage development on Region of Peel and Peel Housing Corporation sites has many benefits:
• Enables the Region to plan and managehousing development strategically andmaximize resources.
• Creates a pipeline of projects, in variousstages, that is aligned with affordable housingneeds of the community.
• Improves readiness to receive long-termfunding commitments from provincial andfederal governments.
• Enables better alignment between newdevelopment decisions and state of goodrepair capital planning for both Peel HousingCorporation and Region of Peel assets.
• Improves coordination with the localmunicipalities.
• Optimizes value for tax dollars by taking theprice of land out of the cost of development.
Implementing the Housing Master PlanWhile the Housing Master Plan positions the Region to create a significant number of affordable housing units over the next 15 years, it requires significant funding from all levels of government to be fully implemented.
Regional Council has allocated $1 billion of funding to support partial implementation of the Housing Master Plan. To date, $672.8 million of funding has been secured to implement 18 projects within the Housing Master Plan: $335.3 million of Regional funds, $61.1 million of funds committed to the Region through the existing federal and provincial housing programs and $276.4 million from the federal government through the National Housing Co-Investment Fund.
More funding is needed to implement all projects within the Housing Master Plan. The Region of Peel will continue to advocate to both the federal and provincial governments to allocate more funding to Peel.
For more information on the Peel Housing Corporation, Housing Development and Housing and Homelessness Services in Peel, please visit the Region of Peel’s website at https://peelregion.ca/housing/homelessness/
peelregion.ca/housing